The Centre tabled amendments to the Income Tax Amendment Bill in its bid to check large, unaccounted cash deposits post demonetisation. According to reports, the government has proposed 30% tax on undisclosed income, along with 10% penalty and 33% surcharge.

The Centre tabled amendments to the Income Tax Amendment Bill in its bid to check large, unaccounted cash deposits post demonetisation. According to reports, the government has proposed 30% tax on undisclosed income, along with 10% penalty and 33% surcharge.